Contact Information

Mobile Home Park Details

  • Price: $275,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 16.0%
  • Property ID: 2012416
  • Posted On: Jan 19, 2023
  • Updated On: Jan 19, 2023

Property Description

Sites Total: 24

Vacant Lots: 12
Rental Homes Owned: 11
Resident Owned Homes: 1

Also has 1 stick built home (Manager pays $250)

Also Available: Stick Built Home, Warehouse, and Office: $2,400 Monthly. City water/sewer. Located directly next to park asking $375,000 for this property.

Warehouse – $1600 (Construction, landscaping Business)
Office 20x15 – $300
Stick Built Home – $500

For the Profit & Loss Email:
Info@birchrealty.com
Or
727-592-2418

Location

Located centrally between Cleveland and Pittsburgh.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 24
Total Occupancy: 50.0 %
Year Built: 1969
Average MH Lot Rent: $225
Size: 2 acre(s)

Financial Information (Actual)

Gross Income $65,520
Operating Expense $21,595
Net Operating Income $43,925
Expense Ratio 33.0 %
Debt Info

Utility Information

Water: Well
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 11
Average Rent for Park-owned Homes: $500

Other Listings by Frank Principe See More

Similar Mobile Home Parks for Sale